NOT LISTED FOR SALE

1340 Mercury St Merritt Island, FL 32953

Estimated Value: $649,767 - $794,000

4 Beds
2 Baths
2,328 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $277,000 $119 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $4,220/month

Highlights

  • Home fronts navigable water
  • In Ground Pool
  • Deck
  • Boat Lift
  • Open Floorplan
  • No HOA

About This Home

As of June 2014

This 4 bedroom, 2 bath, 2 car garage home has every thing you will ever need to enjoy the Hot summer. Features include: a large built in pool, deep water navigable canal with no neighbors behind you, private boat house, open floor plan, tile floors through out the living area, carpet in all the bedrooms. Centrally located to schools, shopping restaurants and local beaches.

Last Agent to Rent the Property

Terri Rust

Beachline Real Estate, LLC License #3066585 Listed on: 06/11/2014

Last Renter's Agent

Terry Palmiter

RE/MAX Aerospace Realty License #3119456

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 1967

Lot Details

  • 0.28 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 2,328 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Deck

Schools

  • Mila Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Diana Shores Unit No 6 Subdivision

Listing and Financial Details

  • Property Available on 6/11/14
  • Court or third-party approval is required for the sale
  • Assessor Parcel Number 24-36-23-76-0000l.0-0021.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,723

Year Built

Built in 1967

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Other
  • Available Date: 2014-06-11

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1967
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Third Party Approval
  • Subdivision Name: Diana Shores Unit No 6
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 24-36-23-76-0000l.0-0021.00
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 2328.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • Pool Features Screen Enclosure: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 167.0 ft x 0.0 ft
  • Exterior Features Boat Lift: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Boat Lift
  • Pool Features: In Ground, Screen Enclosure
  • Acres: 0.28
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water
  • Waterfront: Yes
  • Direction Faces: North
  • Patio And Porch Features: Deck, Porch, Screened
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 167.0 ft x 0.0 ft
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2418380
  • Parcel #: 24-36-23-76-0000l.0-0021.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Phillips Ernest D
Bought by
Phillips Ernest D and Phillips Marilyn
Current Estimated Value
$705,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Outstanding Balance
$654,598
Interest Rate
2.59%
Mortgage Type
FHA
Estimated Equity
$51,344

Purchase Details

Listed on
Dec 4, 2013
Closed on
Feb 27, 2014
Sold by
Fannie Mae
Bought by
Phillips Ernest D
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Julin Lynn
Surfside Properties & Mgmt.
List Price
$284,900
Sold Price
$277,000
Premium/Discount to List
-$7,900
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$284,393
Interest Rate
4.42%

Purchase Details

Closed on
Aug 12, 2013
Sold by
Thompson Patti
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 24, 2005
Sold by
Silvestro Michael J and Silvestro Greta
Bought by
Bears Peter and Thompson Patti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.61%

Purchase Details

Closed on
May 7, 2004
Sold by
Shultz Daniel C
Bought by
Silvestro Michael J and Silvestro Greta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
4.75%

Purchase Details

Closed on
Mar 1, 2000
Sold by
Miller Linda G
Bought by
Shultz Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.3%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phillips Ernest D -- Chancellor Title Agency Inc
Phillips Ernest D $277,000 Title & Abstract Agency Of A
Federal National Mortgage Association -- None Available
Bears Peter $384,000 Island Title & Escrow Corp
Silvestro Michael J $384,000 Gulfatlantic Title
Shultz Daniel C $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Ernest D $735,000
Closed Phillips Ernest D $284,393
Previous Owner Bears Peter $270,000
Previous Owner Silvestro Michael J $307,200
Previous Owner Shultz Daniel C $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2014 06/11/14 For Rent $2,000 0.0% --
06/11/2014 06/11/14 Rented $2,000 0.0% --
02/27/2014 02/27/14 Sold $277,000 -2.8% $158 / Sq Ft View Prior Sale
01/09/2014 01/09/14 Pending -- -- --
10/03/2013 10/03/13 For Sale $284,900 -- $162 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,723 $492,160 -- --
2024 $5,683 $478,290 -- --
2023 $5,683 $464,360 $0 $0
2022 $5,458 $450,840 $0 $0
2021 $5,765 $437,710 $312,000 $125,710
2020 $5,658 $385,050 $258,000 $127,050
2019 $5,544 $368,760 $235,750 $133,010
2018 $5,297 $347,170 $218,500 $128,670
2017 $4,977 $306,140 $195,500 $110,640
2016 $4,802 $281,810 $172,500 $109,310
2015 $4,569 $255,080 $155,250 $99,830
2014 $4,280 $232,920 $143,750 $89,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 699084

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-23-76-0000L.0-0021.00